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Top 10 Magnet Manufacturers in India 2025

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India has become a significant player in the global magnet manufacturing industry, serving as a critical supplier for various high-demand sectors like electronics, automotive, renewable energy, and healthcare. As industries across the world continue to evolve and embrace advanced technologies, the need for high-quality magnets—such as permanent magnets, rare earth magnets, and magnetic assemblies—has never been more pronounced. To meet this demand, India is home to several reputable magnet manufacturers that specialize in crafting reliable, precision-engineered magnets for diverse applications.

In this guide, we explore the Top 10 Magnet Manufacturers in India, each known for their innovation, manufacturing capabilities, and commitment to providing superior products. These companies offer a wide range of magnet solutions, ensuring that businesses can find the right magnet supplier for their specific needs. Whether you're looking for magnet manufacturing companies in India or magnet suppliers in India, this article will introduce you to the top industry leaders and help you make an informed decision for your next project.

Table of Contents

 
 

What Is a Magnet?

A magnet is a material that produces a magnetic field, capable of attracting or repelling certain materials, especially those that are ferromagnetic like iron, cobalt, and nickel. Magnets are integral components in a wide variety of applications, ranging from everyday household items to advanced industrial and scientific uses.

At a basic level, magnets have two poles: a north pole and a south pole. When you bring two magnets together, opposite poles attract, while similar poles repel each other. This fundamental property is what makes magnets essential in creating electric motors, generators, speakers, MRI machines, and even in renewable energy technologies like wind turbines.

Read more: Magnet wikipedia.

 

Top 10 Magnet Manufacturers in India

India is home to some of most reputable magnet manufacturering companies in India. These companies specialize in producing permanent magnets, magnetic assemblies, and custom magnetic systems. Below is a list of the top 10 manufacturers in India, recognized for their expertise, product quality, and customer satisfaction:

1. Suraj Products Limited

Company Profile: 

Founded in 1972 and headquartered in Navi Mumbai, India, Suraj Products Limited is a prominent magnet manufacturer offering a wide array of high-quality magnets for a diverse range of industries such as automotive, electronics, and industrial machinery. The company is renowned for its expertise in producing both standard and customized magnetic products that meet the specific needs of its clients.

As a trusted magnet supplier in India, Suraj Products has consistently delivered top-notch, cost-effective solutions that help businesses achieve optimal performance. With decades of industry experience, Suraj Products Limited remains committed to quality, precision, and innovation in the magnet manufacturing sector, establishing itself as a reliable partner for both domestic and international businesses.

Established: 1972

Headquarters: Navi Mumbai, India

Website: https://surajproducts.com/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

2. Magneto Specialities Private Limited 

Company Profile: 

Established in 1984 and located in Thane, India, Magneto Specialities Private Limited is a recognized leader in the magnet manufacturing industry. The company offers a wide range of magnets, including ferrite, neodymium, and custom-designed solutions, tailored to meet the unique needs of industries such as automotive, electronics, and renewable energy.

As one of the leading magnet suppliers in India, Magneto Specialities is known for its dedication to high-quality standards, ensuring that all products are built to last. The company’s team of skilled engineers and technicians works diligently to provide efficient, durable, and cost-effective magnetic products to clients across India and beyond, further cementing its reputation as a reliable magnet manufacturer.

Established: 1984

Headquarters: Thane, India

Website: https://www.evoqua.com/en-GB/brands/magneto-special-anodes/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

3. Xinhui Magnet

Company Profile:

Xinhui Magnet, founded in 2004, is a leading magnet manufacturer located in Jiangmen, China. The company is known for producing high-performance magnets, including neodymium and ferrite varieties, which are widely used in industries like automotive, electronics, and renewable energy. Xinhui Magnet has established itself as a key magnet supplier in India, providing durable and efficient magnetic solutions that meet global standards.

The company’s dedication to quality control, advanced manufacturing processes, and customer satisfaction has positioned it as a trusted partner for Indian businesses seeking high-quality magnet manufacturing solutions. With over 20 years of experience, Xinhui Magnet continues to be a reliable source of innovative magnetic products for a variety of applications.

Established: 2004

Headquarters: Jiangmen, China

Website: https://www.xinhuimagnet.com/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

4. Sun Magnet Industries

Company Profile:

Sun Magnet Industries, established in 1994, is a leading magnet manufacturer based in Delhi, India. The company specializes in providing permanent magnets and magnetic assemblies for industries such as automotive, construction, and telecommunications. Known for its comprehensive product range, Sun Magnet Industries serves as a trusted magnet supplier in India, delivering both stock and custom-made solutions that meet the specific needs of each client.

With a focus on maintaining high standards of quality and innovation, the company is dedicated to delivering magnetic products that enhance the operational efficiency of industrial machinery and systems. Over the years, Sun Magnet Industries has developed a strong reputation for reliability and customer satisfaction.            

Established: 1994

Headquarters: Delhi, India

Website: http://www.sunmagnetic.com/index.asp

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

5. Indo Magnetics Limited

Company Profile: 

Indo Magnetics Limited, located in Kolkata, India, is a prominent magnet manufacturer known for producing high-quality permanent magnets and magnetic assemblies. The company caters to industries such as automotive, electronics, renewable energy, and telecommunications, offering custom solutions that meet the diverse needs of its clients.

Indo Magnetics is recognized as one of the most trusted magnet suppliers in India, providing durable and high-performance magnets designed to improve efficiency in various applications. By focusing on continuous research and development, the company has been able to innovate and introduce new magnetic solutions that help businesses stay competitive in an ever-evolving market.

Indo Magnetics Limited’s commitment to quality, combined with its expertise in magnet manufacturing, makes it a leading choice for companies looking for reliable and advanced magnet solutions in India.

Established: 1982

Headquarters: Kolkata, India

Website: https://www.indo-techmagnetics.com/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

6. Electromag Instruments Pvt. Ltd.

Company Profile:

Located in Mumbai, India, and founded in 1976, Electromag Instruments Pvt. Ltd. is a leading magnet manufacturer specializing in the production of high-performance magnets for industrial and commercial applications. The company offers a wide range of magnetic products that are utilized in industries such as automotive, machinery, and electronics.

Known for its commitment to quality and reliability, Electromag Instruments is one of the top magnet suppliers in India, serving businesses with products designed to enhance efficiency and performance. The company’s focus on advanced manufacturing techniques ensures that each magnet is durable and effective in demanding applications.

Established: 1976

Headquarters: Mumbai, India

Website: https://elektromag.com/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

7. Apex Magnets Pvt. Ltd.

Company Profile: 

Founded in 1990 and based in Pune, India, Apex Magnets Pvt. Ltd. is a distinguished magnet manufacturer that produces high-performance magnets used in industries ranging from aerospace to electronics. is a well-established magnet manufacturing company specializing in the production of high-performance permanent magnets. Serving industries such as aerospace, automotive, and electronics, the company is known for its precision-engineered products that meet the most stringent industry standards.

Apex Magnets provides both standard and customized magnet solutions that help businesses enhance efficiency and reduce costs. As a leading magnet supplier in India, they are committed to offering reliable, durable, and cost-effective magnets that deliver exceptional performance across various applications. Apex Magnets’ dedication to quality and continuous innovation has made it a trusted partner for businesses in need of superior magnetic solutions.

Established: 1990

Headquarters: Pune, India

Website: https://apexmagnets.com/

Products and Services:

  • Permanent magnets

  • magnetic assemblies

  • magnetic systems

 

8. Magtatech India Pvt. Ltd.

Company Profile:

Magtatech India Pvt. Ltd., established in 2006 and located in Bengaluru, India, is a prominent magnet manufacturer known for its wide range of magnetic products that cater to industries such as automotive, electronics, and renewable energy. The company is committed to producing high-quality magnets that deliver lasting performance and reliability.

Magtatech India provides custom solutions designed to meet the unique requirements of their clients, ensuring that each product is manufactured to the highest standards. As a leading magnet supplier in India, the company offers a variety of options, from neodymium to ferrite magnets, to suit a wide range of applications. Magtatech India’s focus on quality, combined with its customer-centric approach, has positioned it as one of the most trusted names in the magnet manufacturing industry.

Established: 2006

Headquarters: Bengaluru, India

Website: https://magtech.in/

Products and Services:

  • Rare earth magnets

  • including Neodymium (NdFeB) magnets

  • Samarium Cobalt (SmCo) magnets

  • magnetic assemblies

  • magnetic systems

 

9. Global Magnet India Pvt. Ltd.

Company Profile: 

Founded in 2010 and located in Chennai, India, Global Magnet India Pvt. Ltd. is a leading magnet manufacturing company that specializes in high-quality magnetic products for various industries. The company’s product range includes permanent magnets and magnetic assemblies used in sectors like automotive, aerospace, and renewable energy.

As a top magnet supplier in India, Global Magnet India is known for providing advanced, high-performance magnets that improve operational efficiency and product reliability. With a strong focus on innovation and product excellence, the company continuously invests in research and development to stay ahead of market trends. Their customer-first approach, along with a commitment to quality, has earned Global Magnet India a solid reputation as one of the most reliable magnet manufacturers in India.

Established: 2010

Headquarters: Chennai, India

Website: https://magnetglobal.org/

Products and Services:

  • Rare earth magnets

  • including Neodymium (NdFeB) magnets

  • Samarium Cobalt (SmCo) magnets

  • magnetic assemblies

  • magnetic systems

 

10. MagTronic Devices Pvt. Ltd.

Company Profile:

MagTronic Devices Pvt. Ltd., founded in 1992 and based in Ahmedabad, India, is a trusted magnet manufacturer that produces durable, high-performance magnets for a wide range of applications, including electronics, automotive, and telecommunications. Known for its expertise in both standard and custom-designed magnets, MagTronic Devices is a leading magnet supplier in India.

The company’s focus on precision, quality control, and customer satisfaction ensures that its magnetic products meet the highest standards. With over 30 years of experience, MagTronic Devices remains a reliable partner for businesses in need of efficient and cost-effective magnet manufacturing solutions.

Established: 1992

Headquarters: Ahmedabad, India

Website: https://www.mtronics.com/

Products and Services:

  • Ferrite magnets

  • magnetic assemblies

  • magnetic systems

 

Magnet Manufacturing Market Trends in India: A Global Hub for Innovation

India has increasingly positioned itself as a global hub for magnet manufacturing, driven by rising demand across various industries such as renewable energy, electronics, and automotive. The country’s robust manufacturing capabilities, coupled with its vast technical expertise, have made Indian magnet manufacturers critical players in the global supply chain.

As the world shifts towards sustainable energy solutions, Indian magnet manufacturers have become essential to industries focusing on electric vehicles (EVs), wind energy, and energy storage systems. The demand for high-performance magnets, such as Neodymium (NdFeB) and Samarium Cobalt (SmCo), has surged due to their importance in electric motors, batteries, and turbines. India, with its competitive manufacturing edge and capacity for innovation, is meeting this demand with cutting-edge solutions.

Read India magnet market report: https://www.databridgemarketresearch.com/reports/india-rare-earth-magnet-market

The Role of Indian Manufacturers in the Green Energy Revolution

With the increasing focus on renewable energy sources, Indian magnet manufacturing companies have expanded their production of specialized magnets used in wind turbines, solar panels, and energy-efficient motors. As countries worldwide push for greener technologies, Indian suppliers play a crucial role in powering the global shift toward clean energy solutions.

For instance, the rise of electric vehicles (EVs) has greatly impacted magnet demand, particularly for high-performance permanent magnets. As Indian magnet manufacturers ramp up production to meet these needs, they are not only strengthening their domestic market but also exporting these advanced products worldwide, contributing significantly to global environmental sustainability goals.

The Indian government’s emphasis on Make in India initiatives has further accelerated growth, encouraging innovations and creating a conducive environment for research and development (R&D) in the magnet sector. This presents a growing opportunity for industries seeking custom magnet solutions for unique applications.

 

Innovative Manufacturing Techniques Driving Performance

Top magnet manufacturers in India are continuously adopting advanced manufacturing techniques to stay competitive. Technologies such as 3D printing, automation, and high-precision magnetization have revolutionized how magnets are produced, offering enhanced performance and reduced production times.

For example, the use of 3D printing for prototyping allows companies to test and modify magnet designs more efficiently, enabling quicker turnarounds and reducing costs. Additionally, automation in production lines improves precision, ensuring that each magnet meets stringent quality standards.

Many manufacturers are also exploring the integration of smart technologies such as real-time monitoring systems that ensure every product is manufactured within the specified parameters. These innovations not only enhance the performance of magnets but also open doors to custom magnet solutions that cater to specific industry needs.

The ongoing R&D efforts in the Indian magnet manufacturing sector aim to improve magnet durability, efficiency, and sustainability. As new materials and technologies emerge, manufacturers are pushing the boundaries of traditional magnet production, making it possible to create high-performance magnets that are smaller, lighter, and more cost-effective.

 

How to Choose the Right Magnet Manufacturing Company in India?

Selecting the right magnet supplier is crucial to ensure that your project receives high-quality products that meet specific needs. When choosing a magnet manufacturing company in India, several key factors should be taken into consideration:

1. Quality Control Standards

The quality of the magnets produced is paramount. Look for manufacturers that adhere to international quality certifications such as ISO 9001, ensuring that their products meet global standards. It's important to ask for sample products and perform quality tests to confirm that they meet your project requirements.

2. Customization and Technical Expertise

If your project requires custom magnet solutions, it's essential to work with a supplier that offers the flexibility to design magnets to your exact specifications. Many Indian manufacturers provide custom magnet services, allowing you to specify the shape, size, and material composition to suit your application, whether in automotive, electronics, or renewable energy systems.

3. Production Capacity and Lead Times

Ensure that the manufacturer can meet your demand in terms of production capacity and timely delivery. Delayed shipments can lead to costly project delays. It's essential to communicate your lead-time requirements early on and verify the supplier’s ability to deliver on time.

4. Pricing and Cost Efficiency

While quality is paramount, cost is always a consideration. Compare pricing from different suppliers, but don’t compromise quality for the sake of a lower price. It's crucial to choose a manufacturer that offers the best balance between cost and quality.

5. Customer Support and After-Sales Service

Reliable customer support is a key indicator of a reputable supplier. A company that provides comprehensive after-sales service, including warranty support and technical assistance, will help address any issues that arise after the purchase.

Read more: How to Find a Good Magnet Manufacturer and Supplier? - Stanford Magnets

 

FAQs:

 

Q: What Should You Look for When Selecting a Magnet Manufacturing Company in India?

A: When selecting a magnet manufacturing company in India, it’s crucial to evaluate their product quality, industry experience, and customer service. Look for companies that provide high-performance permanent magnets, rare earth magnets, and custom magnet solutions. Consider suppliers that offer advanced manufacturing techniques, clear quality certifications, and strong delivery performance, ensuring that their products meet your industry-specific needs.

Q: How Do Indian Magnet Manufacturers Support Industries like Renewable Energy and Electric Behicles?

A: Magnet manufacturers in India play a crucial role in supporting industries like renewable energy and electric vehicles by supplying high-performance rare earth magnets, such as Neodymium (NdFeB) magnets, that are essential for electric motors, wind turbines, and battery technologies. These magnets are designed for maximum efficiency and performance in energy-efficient applications, helping companies meet the growing demand for sustainable energy solutions and electric vehicles.

Q: What Is the Typical Lead Time for Custom Magnet Solutions from Manufacturers in India?

A: The lead time for custom magnet solutions from magnet manufacturing companies in India can vary depending on the complexity of the order and the type of magnets required. Generally, for standard orders of permanent magnets or magnetic assemblies, the lead time may range from a few weeks to a couple of months. However, for custom magnet solutions, which involve specialized design and materials, it’s best to consult directly with the supplier to get an accurate timeline.

 

Conclusion

India is a major hub for magnet manufacturing, with several magnet suppliers in India providing high-quality magnetic products and systems. Whether you’re in need of permanent magnets, rare earth magnets, or custom magnetic assemblies, the companies listed here represent some of the best in the industry. To choose the right magnet manufacturing company in India, consider factors like product quality, customer support, and the ability to meet your specific needs.

If you are looking to purchase magnets or explore customized solutions, don’t hesitate to reach out to one of these reputable manufacturers. By doing so, you’ll ensure you’re partnering with an experienced supplier who can deliver the best products for your application.

Remember, prioritizing companies with a strong track record, positive customer reviews, and clear communication channels will assist you in choosing the most suitable magnet manufacturer for your specific project.If would like more, please click here.

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